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What brokers publish
| Broker | Standard terms | Quick pay | Fee | On $10,000 |
|---|---|---|---|---|
| TQL | 28 days | 1 day | 5% | $500 |
| TQL | 28 days | 7 days | 3% | $300 |
| Arrive Logistics | 30 days | 2 days | 2% | $200 |
| C.H. Robinson | 28 days | 2 business days | Not on the page | ? |
| J.B. Hunt | 21 business days, no fee | About 2 days | Not on the page; "free quick pay" for some carriers | ? |
TQL: "Our standard pay terms are 28-days, but sometimes you need it sooner. For that reason, we offer 1-day (at 5% off the gross pay of the shipment) and 7-day (at 3% off the gross pay of the load) quick pay options." Arrive: "Opt to receive your payment within a 30-day term or in as little as 48 hours with our 2-Day Quick Pay terms, available for a 2% fee." C.H. Robinson: "get paid within 2 business days—instead of the standard 28." J.B. Hunt: "Quick Pay : Payments are typically received within 2 days. Standard Pay : Get paid within 21 business days with no fee", and "Qualify for free quick pay" through its Carrier 360 Perks program. Each broker's own page, read Oct 25, 2026. Two of the four brokers above don't publish the fee; ask for it in writing on the rate confirmation.
Side by side on a $10,000 load
- TQL, 1 day5% instead of waiting 28 days
- TQL, 7 days3% instead of waiting 28 days
- Arrive Logistics, 2 days2% instead of waiting 30 days
- Porter Freight Funding, intro1.5%: First 60 days; needs a 1-year recourse contract and 95% advance
- Truckstop (Denim), intro1.99%: First 3 months, eligible new customers
- Truckstop (Denim), standard2.99%: Standard rate after the intro period
- Outgo, owner-operator3%: Under $18k invoiced a month; ACH free, wire $20
- HaulPay, single truck (max)3%: Stated maximum for one truck; lower with volume
- Broker quick-pay fee
- Factoring rate, before payout and add-on fees
Factoring rows are each company's advertised rate with the conditions it attaches; intro rates end, and wire fees, minimums and aging charges can add to them (the real cost of factoring). Quick-pay fees are flat on the load.
Another way to read the fee is what each day sooner costs. TQL's 7-day option buys 21 days for $300, about $14 a day on this load. The next-day option buys 27 days for $500, about $19 a day. Arrive's 2% buys 28 days for $200, about $7 a day. Our arithmetic, from each broker's published terms.
The trade-offs
| Broker quick pay | Factoring | Bill direct | |
|---|---|---|---|
| Fee | Per load, set by the broker | Percent of every invoice you factor, plus any fees in the contract | None |
| Speed | 1 to 7 days, by broker | Same day to 24 hours at the companies that state it, once the paperwork is verified | The broker's terms: 21 business days to 30 days above |
| Which loads | Only that broker's loads | Every broker, through one company | Every broker, one at a time |
| Contract | None beyond the load | A signed agreement; some renew automatically | None |
| Credit checks on brokers | You do your own | 12 of the 17 factors we track publish a broker credit-check tool | You do your own |
| Who chases late payers | Nobody needs to; the broker paid you | The factor, but under recourse you buy back unpaid invoices | You |
| Lien on your business | No | Yes, in the signed agreements we've read: a security interest in your receivables or more | No |
Contract and lien wording from signed factoring agreements on file with the SEC: "This Agreement, along with the rate, volume commitment and other terms on rate sheets, shall automatically renew every Twenty-Four (24) months unless Client gives TCI written notice to the contrary at least Sixty (60) days prior to the expiration thereof." (Factoring, Security and Service Agreement (EX-10.1)); "a continuing first priority Security Interest in the Collateral." (Factoring and Security Agreement + pricing amendment (EX-10.8)). Funding speed and credit-check tools: each company's own site, collected on factoring compared. Recourse terms by company: recourse vs non-recourse.
Mixing the two
Once you factor, the broker pays the factor, not you. TQL's FAQ: "If you factor, please send all documents to your factoring company and not to TQL." (TQL). So taking quick pay from one broker while factoring everything else depends on what your factoring agreement allows; read the section on which invoices you must sell before you sign. Ending a factoring agreement takes notice and a lien release, step by step on how to leave a factoring company.
Quick pay fits a carrier who runs mostly for a few brokers that offer it and can wait on the rest. Factoring fits a new authority hauling for many brokers who needs cash on every load and wants someone else to check broker credit. Billing direct costs nothing if you can carry fuel and truck payments through the broker's standard 21 business days to 30 days. Which factors take a day-one MC: factoring for new authorities.
Questions
How much does broker quick pay cost?
TQL publishes 5% for next-day and 3% for 7-day payment against its standard 28 days. Arrive Logistics charges 2% to pay in 2 days instead of 30. J.B. Hunt offers free quick pay through its Carrier 360 Perks program.
Can I use quick pay if I factor?
It depends on your factoring agreement. Once you factor, brokers pay the factor; TQL asks factored carriers to send all documents to the factoring company.
Is quick pay cheaper than factoring?
Not per load: published quick-pay fees run 2% to 5%, and the lowest published factoring rates 1.5% to 3%. Quick pay comes with no contract or lien, though, and factoring does.
Not financial advice. Broker terms change; the rate confirmation for each load is what applies.